ORGANISATION AND MANAGEMENT PRACTICES
EASYJET REPORT
Student Name: Song Hui
Matriculation Number: 200411997
Module Number: MGTMM20
Word Count: 3407 words
CONTENT
INTRODUCTION çÂÂçÂÂçÂÂçÂÂ3
OVERVIEW OF EASYJET çÂÂçÂÂçÂÂçÂÂ3
MISSION STATEMENT çÂÂçÂÂçÂÂçÂÂ3
MAJOR STAKEHOLDER GROUPS çÂÂçÂÂçÂÂçÂÂ3
INTERNAL ANALYSIS çÂÂçÂÂçÂÂçÂÂ5
STRENGTHS & WEAKNESSES (S.W.O.T ANALYSIS) çÂÂçÂÂçÂÂçÂÂ5
Strengths çÂÂçÂÂçÂÂçÂÂ5
Weaknesses çÂÂçÂÂçÂÂçÂÂ5
VALUE CHAIN ANALYSIS çÂÂçÂÂçÂÂçÂÂ6
RESOURCES & CORE COMPETENCE çÂÂçÂÂçÂÂçÂÂ6
Resources çÂÂçÂÂçÂÂçÂÂ6
Core Competence çÂÂçÂÂçÂÂçÂÂ7
EXTERNAL ANALYSIS çÂÂçÂÂçÂÂçÂÂ8
OPPORTUNITIES & THREATS (S.W.O.T ANALYSIS) çÂÂçÂÂçÂÂçÂÂ8
Opportunities çÂÂçÂÂçÂÂçÂÂ8
Threats çÂÂçÂÂçÂÂçÂÂ8
FIVE FORCES ANALYSIS OF COMPETITIVE ENVIRONMENT çÂÂçÂÂçÂÂçÂÂ8
Potential Entrants çÂÂçÂÂçÂÂçÂÂ8
The bargaining power of buyers çÂÂçÂÂçÂÂçÂÂ9
The bargaining power of suppliers çÂÂçÂÂçÂÂçÂÂ9
The threat of substitutes çÂÂçÂÂçÂÂçÂÂ9
Industry competitors çÂÂçÂÂçÂÂçÂÂ9
STRATEGY çÂÂçÂÂçÂÂçÂÂ11
GENERIC STRATEGY çÂÂçÂÂçÂÂçÂÂ11
PRODUCT & MARKET ANALYSIS çÂÂçÂÂçÂÂçÂÂ11
Product Analysis çÂÂçÂÂçÂÂçÂÂ11
The Boston Consulting Group (BCG) growth share matrix çÂÂçÂÂçÂÂçÂÂ12
Growth Strategies - Organic/ Acquisition / Diversification çÂÂçÂÂçÂÂçÂÂ12
STRATEGY IMPLEMENTATION çÂÂçÂÂçÂÂçÂÂ14
MATCHING STRATEGY WITH RESOURCES çÂÂçÂÂçÂÂçÂÂ14
MANAGING CHANGE çÂÂçÂÂçÂÂçÂÂ14
EVALUATION çÂÂçÂÂçÂÂçÂÂ15
CONCLUSION çÂÂçÂÂçÂÂçÂÂ17
BIBLIOGRAPHY çÂÂçÂÂçÂÂçÂÂ18
APPENDICES çÂÂçÂÂçÂÂçÂÂ20
INTRODUCTION
Overview of Easyjet
Easyjet was established in March 1995[Key events in our history, Easyjet, 2004], with low-cost flights from London's Luton Airport to Glasgow and Edinburgh in Scotland.
The flights were full, and the demand for low-cost flights grew rapidly throughout the whole country. Since then, Easyjet was concentrated on expanding itself and raised additional finance to invest in additional aircrafts.
Today, Easyjet is one of the Europe's leading low-cost airlines offering 105 routes to 38 key business and leisure airports in Europe [2003 Annual Report and Accounts, Easyjet, p 16, 2004].This is proved by their corporate figures, with a total turnover of �2 million and pre-tax profits of � million in 2003 [2003 Annual Report and Accounts, p 4, Easyjet, 2004]. They are by no means struggling to keep up. With a customer base that has consistently grown from the first flight to an impressive...